Poppy Seed Market valued USD 218.71 Million in 2021 and is predicted to grow at a CAGR of 3.8 % to USD 294.74 Million by 2029.
Poppy Seed Market Overview:The Poppy Seed Market valued USD 218.71 Million in 2021 and is predicted to grow at a CAGR of 3.8 % to USD 294.74 Million by 2029. The Poppy Seed Market is studied by segments like Form (Powder, Oil, Dried Seeds), Application (Personal Care, Food), Sales Channel (Direct Sales, Indirect Sales), and Region (North America, Europe, Asia-Pacific, South America, Middle East & Africa). The report consists of the Trend, forecasts, Competitive Analysis, and Growth Opportunities of the market. To know about the Research Methodology:-Request Free Sample Report Poppy seed is made from the dried fruits of the poppy plant and has a nutty, pleasant flavour. The seeds are nutritious and used as a culinary ingredient. Minerals including thiamine, folate, magnesium, manganese, phosphorus, as well as zinc are abundant in the seed. Poppy seeds are commonly used as a salad dressing, condiment and dressing oil. Poppy seeds are often utilised in baking items due to their crunchy texture and distinct flavour. They're also used to make cakes, pastries, fillings, glazes, as well as porridge. They're utilised in cosmetics, paint, soaps, varnish, and meals. Poppy seeds are beneficial to people who suffer from asthma, constipation, cough, diarrhoea, or a sleeping condition.
Poppy Seed Market Dynamics:The global Poppy Seed market demand is rising across various industries. One of the primary driving drivers of the global poppy seed market is the rapid increase in demand for poppy seeds from the baking sector. The growing popularity of poppy bread goods has had a substantial impact on poppy seed demand in recent years. The popularity of poppy seeds and their use in garnishing bagels, puddings, pies, and tarts in nations such as the United States, Hungary, the United Kingdom, and France has aided in the growth of the poppy seed market. The poppy seed oil has several health advantages, which makes it popular with health-conscious clients. Few health benefits poppy seeds provide are relaxation in insomnia, anxiety, and stress, as well as shows improvements in bone and muscle health. Furthermore, the market is expected to rise due to the health advantages associated with poppy seed consumption throughout the forecast period. However, poppy seeds are pricey, a major factor limiting the market's growth. Impact of COVID-19 on Poppy Seed Market COVID-19 has drastically affected all countries, with extensive lockdowns and severe health crisis. Due to the restrictions placed on labour migration in many nations, supply chain disruptions, and reduction in purchases of non-essential products due to financial conditions affected due to the virus, the demand for poppy seed market has decreased dramatically. However, as the COVID-19 cases have decreased and more importance is given to health and hygiene, the demand for the poppy seed market is expected to rise since it provides several health benefits.
Poppy Seed Market Segment Analysis:On the basis of Form, the Poppy Seed market is segmented into Powder, Oil, and Dried Seeds. The powder form is usually utilized in bakery products, while the oil form is commonly used as a dressing for a wide range of food items. Poppy seeds have gained appeal among health-conscious customers, and all varieties of poppy seeds have gained substantial popularity. On the basis of Application, the Poppy Seed Market is segmented into Personal Care and food. In terms of personal care, Poppy seeds are used as a natural ingredient for cosmetic products such as lotions, soaps, body scrubs etc. The food segment of the poppy seed market consists of uses in bakeries, sauces & condiments. The seeds contain a high amount of iron and phosphorous, minerals essential for the maintenance of both muscles & bones, and hence those who are health-conscious prefer poppy seeds. Therefore, the food segment is expected to witness high growth in the Poppy seed market. On the basis of the Sales channel, the Poppy Seed Market is segmented into the direct channel and indirect channel. Specialty stores, modern trade, online retail, and other retail formats are sub-segments of the indirect channel of sales & distribution. Whereas other formats like supermarkets and hypermarkets are part of the direct sales and distribution channel. With the high availability of online mediums of sales, fast-paced lifestyle, and increased spending power, where customers spend less time shopping in stores and prefer the convenience of getting products delivered at the doorstep, the online retail segment is expected to generate significant sales. Therefore, the direct channel of sales and distribution is expected to grow in the future at a substantial rate in comparison to indirect channels in the poppy seed market.
Poppy Seed Market Regional Insights:Europe has dominated the Poppy Seed market The Czech Republic is Europe's leading producer of poppy seeds, accounting for 40% of total European output in 2021. The health and wellness movement, as well as the development of gourmet cuisine, are driving the direct consumption of these oilseeds in Europe. Consumers are increasingly looking for protein alternatives, which presents chances for new companies and creative goods. The Czech Republic is the world's biggest producer of poppy seeds, accounting for 31% of global production. Because local consumption is only between 4 and 5 thousand metric tonnes, the Czech Republic's poppy seed production is farmed chiefly for export. Followed by Europe, the North American region holds the 2nd largest growth share in the poppy seed market. The Asian-Pacific region is expected to witness the highest growth in the forecast period 2022-2029 due to the increasing prevalence of poppy production as a commercial crop in nations such as India, Indonesia, Japan, etc. Developing countries like China, India, and Japan consist of customers who have greater spending power and are more health-conscious. Therefore there is rising popularity of poppy-based culinary products. India, Germany, Hungary, Czech Republic are the leading consumers of poppy seeds. The objective of the report is to present a comprehensive analysis of the Poppy Seed market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complex data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which is anticipated to give a clear, futuristic view of the industry to the decision-makers. The report also helps understand the Poppy Seed market dynamics and structure by analyzing the market segments and projecting the Poppy Seed market size. Explicit representation of competitive analysis of key players' by-products, price, financial position, product portfolio, growth strategies, and regional presence in the Poppy Seed market make the report investor’s guide.
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Global Poppy Seed Market Report Coverage Details Base Year: 2021 Forecast Period: 2022-2029 Historical Data: 2017 to 2021 Market Size in 2021: US $ 218.71 Mn. Forecast Period 2022 to 2029 CAGR: 3.8 % Market Size in 2029: US $ 294.74 Mn. Segments Covered: by Form • Powder • Oil • Dried Seeds by Application • Personal Care • Food by Sales channel • Direct Channel • Indirect Channel
Poppy Seed Market, by region• North America • Europe • Asia Pacific • Middle East and Africa • South America
Poppy Seed Market, Key Players• Solo Foods, Inc. (United States) • Bob's Red Mill Natural Foods (United States) • Frontier Natural Products Co-op (United States) • Bio Nutrition Inc. (United States) • Olivenation LLC (United States) • Woodland Foods (United States) • PPHU Kampol (Poland) • PROBI spol (Czech Republic) • Bata Food (Istanbul) • Unifood cz s.r.o. (Czech Republic) Frequently Asked Questions: 1. What forecast period is considered for the Poppy Seed market report? Ans. The forecast period for the Poppy Seed market is 2022-2029. 2. What are the market restraints for the Poppy Seed market? Ans. Poppy seeds are pricey, a major factor limiting the market's growth. 3. What is the Poppy Seed market's compound annual growth rate (CAGR) for the forecast period? Ans. The CAGR of the Poppy Seed market for the forecast period 2022-2029 is 3.8 %. 4. What are the key factors driving the growth of the Poppy Seed market? Ans. Poppy seeds are highly used in cosmetics and personal care products, and health benefits are major reasons for the market's growth in the forecast period. 5. What major key players are covered in the Poppy Seed market report? Ans. The major worldwide critical players in the Poppy Seed market are Solo food, bata food, and Bio Nutrition Inc.
1. Poppy Seed Market: Research Methodology 2. Poppy Seed Market: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Poppy Seed Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Poppy Seed Market: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12. COVID-19 Impact 4. Poppy Seed Market Segmentation 4.1. Poppy Seed Market, by Form (2021-2029) • Powder • Oil • Dried seeds 4.2. Poppy Seed Market, by Application (2021-2029) • Personal care • Food 4.3. Poppy Seed Market, by Sales Channel (2021-2029) • Direct channel • Indirect channel 5. North America Poppy Seed Market (2021-2029) 5.1. North America Poppy Seed Market, by Form (2021-2029) • Powder • Oil • Dried seeds 5.2. North America Poppy Seed Market, by Application (2021-2029) • Personal care • Food 5.3. North America Poppy Seed Market, by Sales Channel (2021-2029) • Direct channel • Indirect channel 5.4. North America Poppy Seed Market, by Country (2021-2029) • US • Canada • Mexico 6. European Poppy Seed Market (2021-2029) 6.1. European Poppy Seed Market, by Form (2021-2029) 6.2. European Poppy Seed Market, by Application (2021-2029) 6.3. European Poppy Seed Market, by Sales Channel (2021-2029) 6.4. European Poppy Seed Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Poppy Seed Market (2021-2029) 7.1. Asia Pacific Poppy Seed Market, by Form (2021-2029) 7.2. Asia Pacific Poppy Seed Market, by Application (2021-2029) 7.3. Asia Pacific Poppy Seed Market, by Sales Channel (2021-2029) 7.4. Asia Pacific Poppy Seed Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Poppy Seed Market (2021-2029) 8.1. Middle East and Africa Poppy Seed Market, by Form (2021-2029) 8.2. Middle East and Africa Poppy Seed Market, by Application (2021-2029) 8.3. Middle East and Africa Poppy Seed Market, by Sales Channel (2021-2029) 8.4. Middle East and Africa Poppy Seed Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Poppy Seed Market (2021-2029) 9.1. South America Poppy Seed Market, by Form (2021-2029) 9.2. South America Poppy Seed Market, by Application (2021-2029) 9.3. South America Poppy Seed Market, by Sales Channel (2021-2029) 9.4. South America Poppy Seed Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1. Unifood cz s.r.o. (Czech Republic) 10.1.1. Overview 10.1.2. Financial Overview 10.1.3. Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Solo Foods, Inc. (United States) 10.3. Bob's Red Mill Natural Foods (United States) 10.4. Frontier Natural Products Co-op (United States) 10.5. Bio Nutrition Inc. (United States) 10.6. Olivenation LLC (United States) 10.7. Woodland Foods (United States) 10.8. PPHU Kampol (Poland) 10.9. PROBI spol (Czech Republic) 10.10. Bata Food (Istanbul)